Mortgages News

LONDON (AFX) - The dollar got a late boost after news of a sharp pick-up in US inflation expectations shortened the odds of another rate hike in the country. The Conference Board reported a pick-up in inflation expectations in August, to reach 5.5 pct from 5.1 pct in July. The rise came despite a slump in overall confidence, with the headline index dropping to 99.6 from 107.0 in July. "Elev ...

By Yinka Adegoke NEW YORK (Reuters) - Yahoo Inc. (YHOO.O: Quote, Profile, Research) is upgrading its real estate site with a range of new features including current U.S. home valuations and aerial neighborhood views, the Internet media leader said on Tuesday. The refreshed Yahoo Real Estate site (http://realestate.yahoo.com) gives users access to data on 3 million real estate listings ...

Liz Phillips, Daily Mail29 August 2006 FOR more than a century the Co-op divi rewarded loyal customers with a share of its profits. THE Co-op divi has returned with points earned for everything from holidays to food and insurance WANT TO KNOW MORE? REPORT: Co-op and Spar to fight Tesco TIPS: 50 ways to save money.... DEAL FINDER: Search for cheaper insurance OTHER STORIES Top bosses back open door Wanted: new boss for Barclays 'More rights for working women' Summ ...

PHILADELPHIA (AFX) - Bonds issued by Ford Motor Credit Co., the financing arm of troubled Ford Motor Co., surged Monday as investors digested a weekend news report saying the auto maker may try to sell its profitable credit arm. In afternoon trade, Ford Motor Credit's 9.875 percent notes due 2011 were up more than 10 points, or cents on the dollar, at 105.50 cents on the dollar, according to Mark ...

TAX experts are urging parents to be cautious over a new mortgage product which claims to help mitigate the affects of Inheritance Tax. Last week Kent Reliance Building Society launched an interest only mortgage which enabled homeowners to pass on the repayments and the house to the children when they die. The mortgage can be passed down through generations as long as the beneficiary can meet the ...

MANCUNCIANS are missing out on almost £15m in interest payments because of their apathy towards saving. A study by Yorkshire Bank found that two thirds of people in the region have money left in their bank accounts at the end of the month, with an average balance of £316.15. But only one in ten make the most of their money by moving it into a higher rate savings account, while 25 per cent think  ...

Some of the support has come from investors expecting a takeover of the bank but any bidder would have to contend with the Northern Rock Foundation, which is entitled to an 18 per cent stake of the company in the event of a change of ownership – making such a move less probable.And although the stock has outperformed the rest of the banking sector, the mortgage market is becoming increasingly comp ...

Simon Lambert, This is Money28 August 2006 THE summer holidays have failed to halt the halt homebuyers with the cost of the average home rising by almost £700 during the month of August. CITY LIVING: The rising cost of homes in London is driving up average prices WANT TO KNOW MORE? REPORT: Five ways to slash moving costs TIPS: Beat the second home tax trap DEAL FINDER: Search for the best mortgage rates OTHER STORIES BA 'dirty tricks' storm A to Z of the Sunday ...